Buying guide

Christchurch house prices: 2024 market & suburbs to watch

Considering buying a property in Christchurch? Here’s everything you need to know about the market before you do

Ben Tutty
Last updated: 2 April 2024 | 5 min read
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The Christchurch property market has shown strong performance, with a 1.6% value increase in the year to February 2024—the highest among NZ's major cities. Its relative affordability helped it weather the recent downturn better than other centres.

Cheaper suburbs like Islington (4.7% growth) are currently leading value increases, while affluent areas like Strowan (6.8% 20-year average) show strong long-term growth.

With lower prices and higher yields, Christchurch is often recommended for beginner investors.

Christchurch house prices by the numbers

Christchurch property prices in 2024

Annual average property value change January 2024

Christchurchy city centre

Average house prices: Christchurch suburbs

Top 5 Christchurch suburbs - Value increases Feb 23 to Feb 24

Top 5 Christchurch suburbs - Value increases 20 year average

Christchurch is a great place to invest in property.

Buying property in Christchurch?

Author

Ben Tutty Ben Tutty
Content Writer